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China’s P2P stablecoin wallets surge 43x, Korea’s $450B crypto economy: Asia Express

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Despite ongoing bans, China has seen a big surge in peer-to-peer stablecoin use. New figures show South Korea’s $450B crypto economy is the largest in East Asia.

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US plans to seize $1B in crypto linked to Iran this week: Scott Bessent

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The Treasury Department has announced several digital asset seizures related to sanctions on Iran as part of US sanctions.

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New York permanently bars Celsius founder Mashinsky in $35M fraud settlement

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The agreement resolves a 2023 civil fraud lawsuit against the Celsius founder and permanently bars him from the cryptocurrency, securities and commodities industries.

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THORChain exec accuses Tether of temporarily freezing USDT vaults

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Chad Barraford, technical co-founder of the network, said that the funds were frozen and then unfrozen without explanation.

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